Termpaper

MoGen On January 10, 2006 the managing director of Merrill Lynch’s Equity- Linked Capital markets Group, Dar Maanavi, was reviewing the final drafts of a proposal for a convertible debt offering by MoGen, Inc. As a leading biotechnology company in the United States, MoGen had become an important client for Merrill Lynch over the years. In fact, if this deal were to be approved by MoGen at $5billion, it would represent Merrill Lynch’s third financing for MoGen in four years with proceeds raised totaling $10 billion. Moreover, this “convert” would be the largest such single offering in history. The proceeds were earmarked to fund a variety of capital expenditures, research and development expenses, working capital needs, as well as a share repurchase program. The Merrill Lynch team had been working with MoGen’s senior management to find the right tradeoff between the conversion feature and the coupon rate for the bond. Maanavi knew from experience that there was no “free lunch” when structuring the pricing of a convertible. Issuing companies wanted the conversion price to be as high as possible and the coupon rate to be as low as possible; whereas investors wanted the opposite: a low conversion price and a high coupon rate. Thus, the challenge was to structure the convert to make it attractive to the issuing company in terms of its cost of capital, while at the same time selling for full price in the market. Maanavi was confident that the right balance in the terms of the convert could be found, and he was also confident that the convert would serve MoGen’s financing needs better than a straight bond or equity issuance. But, he needed to make a decision about the final terms of the issue in the next few hours, as the meeting with MoGen was scheduled for early the next morning.

EXECUTIVE SUMMARY In 2006, Merrill Lynch become the lead book runner for a $5…...

Similar Documents

...Garment Factory Compliance
• Home
• About
•
Top of Form
[pic][pic]
Bottom of Form
[pic]Indian Textile Industry and Garment Exports
November 28, 2012 Disha Leave a comment
The Indian textile industry is one of the largest industries in the world, with a huge raw material and textile manufacturing base. The industry occupies a unique position as a self-reliant industry, from the production of raw materials to the delivery of finished products. This large and ancient industry has carved out a special niche for itself as a facilitator of the county’s economic growth and participative development.
Textile industry in India is a highly versatile sector, with smaller firms providing flexibility needed for smaller orders; the larger firms have the capacity to service the world’s biggest buyers. The Government of India has also undertaken several favourable policy initiatives, which have resulted in the growth of the sector. “Indian textile industry contributes about 14 per cent to industrial production, 4 per cent to the country’s gross domestic product (GDP) and 16.63 per cent to export earnings,” as per Ministry of Commerce and Trade, India.
Major destination for Indian garment exports
The USA is the number one destination for the exports of Indian apparels. During 2011, the garment imports to the USA from world were around US$ 81.51 billion. India exports garments of worth US$ 3.53 billion to the USA, which accounts for 4.33 per cent share in the USA’s......

...THE SIERRA LEONE CHAPTER OF THEPUBLIC SECTOR MANAGEMENT TRAINING PROGRAMME (CLASS OF 2013)
1. DUGBA NGOMBU 12024487
2. MUSA SAIDU 12024474
3. SAMUEL SESAY 12024513
4. GIBRILLA JUSU 12024494
5. ANTHONY DOMAWA 12024476
6. HENRY TALUVA 12024496
7. DOROTHY ADEOLA 12024486
INTRODUCTION
Sierra Leone is a constitutional republic with unicameral parliamentary system (GoSL, 2009). The President is the Head of State, the supreme executive authority of the Republic and the Commander-in-Chief of the Armed Forces of Sierra Leone. He is the Fountain of Honour and Justice and the symbol of national unity and sovereignty. The President is also the guardian of the Constitution and the guarantor of national independence and territorial integrity, and shall ensure respect for treaties and international agreements (GoSL, 1991). Under the constitution (1991), no person shall hold office as President for more than two terms of five years each whether or not the terms are consecutive.
The legislature of Sierra Leone, the Parliament consists of the President, the Speaker and Members of Parliament (GoSL, 1991). There are 124 Members of Parliament, 112 of whom are elected by a universal adult suffrage to represent their constituencies. The 12 are Paramount Chief Representatives to Parliament who are voted for by their fellow PCs and the chiefdom councilors, each PC representing a provincial district. The MPs (not as in the case of the......

...Term Paper Topics on Human Resource Management
Human resources managers can be involved in hiring and training employees in addition to administering a company's benefits program, reports Education Portal. The median annual wages of human resources managers in May 2008 ranged from $86,500 to $96,130, according to the Bureau of Labor Statistics (BLS). A bachelor's degree is the minimum requirement to land a human resources position, with many companies preferring managerial job candidates who have a master's degree. A term paper in a human resources management degree program can cover a wide variety of industry topics.
Labor Relations
Labor relations is a major focus area for human resources management students. If you are interested in writing a term paper on labor/employee relations, you can concentrate on the area of conflict resolution or explain the value of integrative bargaining--which is more cooperative--versus distributive bargaining, which is more competitive. You additionally could write about current issues and changing trends in employment laws that cover fair labor standards, pension funds and Occupational Health and Safety Administration requirements, according to the University of Rhode Island. In addition, you can evaluate case studies on collective bargaining and explore the functions of the National Labor Relations Board and state labor boards.
Diversity
A popular human resources management term paper topic is diversity in the workplace, according to......

...Brainia.com
Join Now! Login Search Saved Papers
60 Free Essays on Starbucks Control Mechanisms
SEARCH
Documents 1 - 30 of 1,000
1
2
3
4
5
6
7
8
9
...
34
»
Control Mechanisms
Control Mechanisms Executive Summary February 1, 2006 The control mechanism for Raytheon Missile Systems and TUSD Food Services is bureaucratic while Pima Medical Institute has culture control. A control is any process that directs the activities of individuals toward the achievement of orga
Premium
2 Page
344 Words
Foucault and Truffaut: Power and Social Control in French Society
Foucault and Truffaut: Power and Social Control in French Society Both Michel Foucault and Truffaut's depiction of a disciplinary society are nearly identical. But Truffaut's interpretation sees more room for freedom within the disciplinary society. The difference stems from Foucault's be
Premium
3 Page
727 Words
Starbucks Srategy
1) Starbucks used mostly a differentiation strategy, however it had also used a cost leadership strategy. Its differentiation strategy was exemplified by their stores providing an experience, offering interesting coffee-related drinks in a theatrical kind of atmosphere, their unique Coffee blending
Premium
4 Page
900 Words
Problems in Air Traffic Control and Proposed Solutions
Problems in Air Traffic Control and Proposed Solutions In northern California this summer, the Federal Aviation Administration (FAA) unintentionally performed it's first operational test......

...SCORE:
(PRELIMS) EXERCISES 4 IN
TRIGONOMETRY
SET A
Name: ___________________________________
Course, Year & Section: ____________________
Date: ____________________________________
Instructor: ________________________________
A. Tell whether a triangle with sides of the given lengths is acute, right or obtuse.
1. 11, 11, 15
2. 6, 6, 62
3. 9, 9, 13
4. 8, 83, 16
5. 8, 14, 17
B. Tell whether each group of angles could form a triangle. Write Yes or No.
1. 39°, 35°, 116°
2. 75°, 80°, 25°
3. 30°, 60°, 90°
4. 46°, 79°, 65°
5. 102°, 50°, 48°
C. Draw the right triangle whose sides have the following values, and find the six trigonometric functions of the angle A.
1. a = 4, b = 3, c = 5
2. a = 2, b = 3, c = 13
3. a = 2, b = 5, c = 13
4. a = 1, b = 1/3
5. b = 21, c = 29
D. Solve the following problems.
1. The lengths of the sides of a rectangle are 5 cm and 10 cm respectively. What will be the length of the diagonal?
2. If the length of the diagonal of a square is 22 cm, what will be the length of one of the sides?
3. An 8m long ladder is leaning against a 5m high wall. How long is the foot of the ladder from the wall?
4. A lineman who is 3m away from an electrical post is holding a 12m cable wire which is connected to the top of the post. What is the height of the electric post?
5. A man travels 15 km due north, then goes 5 km due east. How far is......

...Kenya’s education system is divided
into three stages: primary,
secondary and higher education.
Primary education starts at the age
of six, lasts for eight years and is
organised in three stages: lower
primary (ages 6-8 or grade 1-3),
middle (9-10 or grades 4-5) and
upper primary (ages 11-13 or grades
6-8). Secondary education lasts four
years (ages 14-17 or form 1-4).
Challenges to the education system
Kenya’s population is growing
fast at 2.7% annually, putting
extra pressure onto an already
struggling public sector
Progression from primary to
secondary is an issue with only
50% of children in 2009 enrolled
in secondary school
A 2011 study reporting on the
Kenyan status of education found:
learning levels to be
relatively low. Nationally,
seven out of ten children in
Class 3 could not do Class 2
work (Class 2 work represents
basic skills.)
student and teacher
absenteeism to be a
challenge. In many districts,
more than four out of ten
children missed school daily.
On any single day, 13 out of
100 teachers were not in
school
teacher shortages in primary
schools to be acute. On
average, every Kenyan
primary school had a shortage
of four teachers (Uwezo, 2011)
Poor learning levels seem to be a
stubborn problem; between 2000
and 2007, levels of achievement
for Grade 6 students in both
reading and mathematics did not
improve. Studies have attributed
this lack of improvement to the
high levels of pupil drop out and
repetition rates......

...Garas, Dianne Katrina G. 2014-2680
Paras, Michael S. 2014-62622
Raymundo, Chezqah O. 2014-32989
Position Paper
November 28, 2014
Implementation of Disaster Risk Reduction Management: Enhancing the Resiliency of the Filipino People
Multiple choices are everybody’s favorite. Since natural disasters are already altering the way each Filipino live, every member of the society has the obligation of making a crucial decision whether: to act cooperatively now to address the problem, to prefer to move independently or to decide to be passive and suffer the consequences of apathy together (Aquino III, 2014). Advance preparation of the government with the community can possibly reduce the casualties due to natural calamities and incidents. Therefore, implementation of disaster management and risk reduction activities among the community to promote calamity preparedness in the Philippines requires a collaborative effort. Disaster risk reduction management aims to enhance the resiliency of the Filipino people through changing the country’s tendency of increasing figures and loss from natural calamities, developing safe and resilient communities and assuring a long-lasting development for the whole nation through the implementation of disaster risk reducing projects such as the education for basic human needs storage and survival strategies of the community that is backed up by the past projects of the Non-Government Organizations (NGOs).
The implementation of disaster risk......

...Objective of the study:
1. To develop a general understanding and situation under negotiation;
2. To develop a thorough understanding of the interests of both side and their relation to the negotiations;
3. To undertake adequate preparation to realize these interests and resolve the problematic situation.
Introduction:
In simplest terms, negotiation is a discussion between two or more disputants who are trying to work out a solution to their problem. This interpersonal or inter-group process can occur at a personal level, as well as at a corporate or international (diplomatic) level. Negotiations typically take place because the parties wish to create something new that neither could do on his or her own, or to resolve a problem or dispute between them. The parties acknowledge that there is some conflict of interest between them and think they can use some form of influence to get a better deal, rather than simply taking what the other side will voluntarily give them. They prefer to search for agreement rather than fight openly, give in, or break off contact.
Here I have drawn a negotiation module where I have discussed my performance and contributions and that of my negotiating team to the negotiation process.
Negotiating role-plays of the different members of my negotiating team:
Here I have described a lot about effective negotiation and problem solving.
I am an Operating Officer of a cell phone case manufacturer. So I am intimately familiar with all the......

...TERMPAPER ON
ENTREPRENEURSHIP & SMALL BUSINESS MANAGEMENT
BINIMOY.COM
SUBMITTED BY
EYAL ROY
ROLL: 12133013
BATCH: HRM 2nd Batch
COURSE NAME: Entrepreneurship & Small Business Management
Course Code: 202
J.K.K.N.I.U
DATE OF SUBMISSION:
Executive Summary
Binimoy.com creates specialized customer communication products, its strength being specialized generic cards. These cards are for business-to-business communication, as well as business-to-client communication. The core product is a card a business might send to its customers to, for example, thanks them for their patronage, or to remind a patient of a checkup.
The focus of this business plan is to put forth objectives to solve the present cash-flow squeeze, and to increase profits from the present break-even level to net profits of tk.54,650 by the end of the first year. We intend to accomplish this by focusing on modifying our website, repackaging our more popular products for the large retail chains, and to concentrate on our designated target markets.
TABLE OF CONTENTS
Serial Number | Subject | Page No |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
INTRODUCTION
This Internet business plan gives details of the proposed venture, along with expected needs and results taking into account the unique nature of electronic......

...Chapter 9 Taxation: Income and Wealth
Classification of Taxes on Income and Wealth:
1. the personal and corporate income taxes;
2. the transfer taxes, namely, the estate and inheritance taxes;
3. the real property tax on realty used for personal purposes;
4. the individual residence tax, both basic and additional;
5. the tax on motor vehicle used for personal purposes;
6. the immigration tax;
7. firearms license fee;
8. hunting permits; and
9. social security contributions, both of private and public employees.
Arguments for Taxes on Income and Wealth
Taxation is a fiscal tool of government for the achievement of economic, sometimes non-economic, goals.
GOALS:
1. maximum freedom for choice, consistent with the welfare of others;
2. optimum standards of living, in terms of available resources and techniques;
3. an optimum rate of economic growth; and
4. distribution of income in conformity with the standards of equity currently accepted by society.
Characteristics of Tax System
Economic effects. – The tax structure must be established in such a way as to avoid interference with the attainment of the optimum allocation and use of resources and where possible, to assist in the attainment of the optimum.
Equity. – The distribution of the tax burden must conform to the pattern of income distribution regarded as the optimum by the consensus in contemporary society.
Minimum costs of collection and compliance, consistent with effective enforcement....

...The Plot: Dekada 70 is a story of a family caught in the midst of a tumultuous time in Philippine history – the martial law years. Amanda (Vilma Santos) and Julian (Christopher Deleon) is a picture of a middle class couple with conservative ideologies, who must deal with raising their children, five boys – Jules (Piolo Pascual), Isagani (Carlos Agassi), Emmanuel (Marvin Agustin), Jason (Danilo Barrios) and Bingo (John Sace) in an era marked by passion, fear, unrest and social chaos. As siblings struggle to accept the differences of their ideologies, as a father faces the painful dissent of his children, a mother’s love will prove to be the most resonant in the unfolding of this family’s tale, will awaken to the needs of her own self, as she embarks on a journey of discovery to realize who she is as a wife, amother, a woman and a Filipino. – Star Cinema
Dekada ’70 (English: 70s Decade) is a 2002 Filipino drama film released based on a book called Dekada ’70 written by Filipino author, Lualhati Bautista. The film tells the story of the life of a middle-class Filipino family who, over the space of a decade, become aware of the political policies that have ultimately led to repression and a state of Martial law in the Philippines. Filipina actress Vilma Santos stars as Amanda, who realizes the implications of living within a dictatorship after sorting out the contradictory reactions of her husband and five sons. Her husband (Julian), played by Filipino actor, Christopher de Leon...